Breaking News: 1211 – Market Insights, Analysis & Latest Updates

Tesla's Oct China-made EV sales fall 5.3% y/y

Tesla reported 68,280 China-made EV sales in October, down 5.3% year-on-year, while BYD achieved record sales with a 66.2% increase, highlighting competitive dynamics in the EV market.

investing.com • 04/11/2024 - 09:40 AM

China's BYD boosts production and hiring amid Q3 growth

BYD increased production and profit significantly in Q3, hiring new staff and surpassing Tesla's quarterly revenue for the first time since stopping gasoline vehicle production.

investing.com • 03/11/2024 - 04:21 AM

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STLA

BYD appoints former Stellantis UK chief Davino to push European expansion

BYD appointed Maria Grazia Davino as regional managing director for Europe, enhancing its operations and expanding its distribution network in Germany, Switzerland, Poland, Austria, and Czech Republic.

investing.com • 30/10/2024 - 11:41 AM

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European car safety agency snubs BYD's Atto 3 driver assistance system

BYD's Atto 3 EV receives a 'not recommended' rating from Euro NCAP for its driver assistance system, impacting its push into the European market.

investing.com • 29/10/2024 - 13:44 PM

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.07%

Saudi Arabia's stock market rose 0.07%, led by gains in Energy, Cement, and Financial sectors. Notable performers included Al Baha Investment and Zamil Industrial.

investing.com • 29/10/2024 - 12:45 PM

China EV stocks rise with Tesla Q3 earnings in focus

Chinese EV makers' shares rose in Hong Kong ahead of Tesla's earnings report, with strong delivery records despite competitive pressures, while Tesla may report disappointing results.

investing.com • 23/10/2024 - 04:32 AM

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Electric vehicles will account for up to half of auto sales by 2030, BYD Pakistan says

BYD aims for 50% electrification of vehicles in Pakistan by 2030. They've announced plans for a plant and charging infrastructure amid competition from established automakers.

investing.com • 06/09/2024 - 09:01 AM

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TSLA

Tesla's China-made EV sales in August up 3% yr/yr

Tesla's sales in China increased 3% in August, with higher demand in smaller cities, while rival BYD saw a 35.3% surge in passenger vehicle sales.

investing.com • 02/09/2024 - 12:45 PM

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